Trafigura funds development of UK’s first lithium refinery May 9, 2022 Trafigura said it will fund the development of the UK’s first lithium factory for an undisclosed sum. The group explained that the refinery, operated by domestic start-up Green Lithium, will produce battery-grade lithium chemicals for the EU electric vehicle and battery industries. Under the agreement, the commodities giant will supply lithium feedstock an invest equity [...]
Supercar Special: 15,230 vehicles worth £770k+ each now on UK roads with Ferrari beating McLaren, Lamborghini and Bugatti May 9, 2022 There are now 15,230 so-called supercars on UK roads, with Ferrari topping the list, beating its main rivals McLaren and Lamborghini. Supercars are defined as high performance, road legal cars. Easily recognisable supercar brands such as Ferrari, McLaren and Lamborghini are best known for their speed and cost. The average price tag for a supercar [...]
UK automotive production outlook downgraded following April slump May 5, 2022 The automotive industry was forced to downgrade its 2022 production outlook after the number of cars built in April slumped 15.8 per cent. Data published today by the Society of Motor Manufacturers and Traders (SMMT) revealed the number of new car registrations fell to 119,167 units due to covid-induced semiconductor shortages. The decline, the data [...]
EV makers treble battery range delivering 15 times more choice to customers April 26, 2022 Electric vehicle (EV) makers have trebled the battery range in the last 10 years, giving customers 15 times more range of choice. According to a research published today by the Society of Motor Manufacturers and Traders (SMMT), the number of plug-in models has gone up from nine to 140 since 2011. EVs now account for [...]
Number of EV public chargers goes up but industry calls for more rapid ones April 21, 2022 The number of electric vehicle (EV) public chargers has gone on January levels, according to Department for Transport’s (DfT) latest data. Figures published today revealed that as of 1 April, there were 30,290 EV public chargers across the country, with 5,494 being rapid ones. The number of both normal and rapid ones increased by 7 [...]
Rivian says automotive at risk of EV battery shortage April 18, 2022 The global automotive industry needs to brace for a shortage of electric vehicle (EV) batteries, according to Tesla’s rival Rivian. Chief executive RJ Scaringe said moving from building a few million batteries to tens of millions within the decade will replace chip shortages as the sector’s biggest challenge. “Put very simply, all the world’s cell [...]
Automotive shouldn’t focus only on EVs, warns BMW Boss April 14, 2022 The automotive sector should be careful not to rely only on electric vehicles as it increases dependency on countries such as China, said BMW’s boss Oliver Zipse. “When you look at the technology coming out, the EV push, we must be careful because at the same time, you increase dependency on very few countries,” Zipse [...]
Glencore and General Motors broker cobalt deal as metal rush intensifies April 12, 2022 Glencore and General Motors (GM) has announced a multi-year sourcing agreement for cobalt supplies to bolster supply chains between both companies.
Hertfordshire worst place in London’s commuter belt for EV drivers, say Lib Dems April 8, 2022 Hertfordshire was crowned the worst place in London’s commuter belt for electric vehicle (EV) commuters due to a lack of charging points. According to an analysis by the Lib Dems, in Hertfordshire there are 32 electric cars for every one charging point, while in central and outer London the ratio goes up to respectively three [...]
Not just electric cars: Super SOCO and the rise of e-mopeds April 2, 2022 Electric cars have dominated the discourse around sustainable mobility for some time now. Not only did the UK Government recently pledge to ban the sale of all fuel cars from 2030, but manufacturers have also jumped on the bandwagon and started mass producing electric vehicles. According to data from the Society of Motor Manufacturers and [...]